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Procore Raises $634.5 Million in IPO Priced Above Range

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Procore Technologies Inc., a cloud-based construction software company, priced its shares in an initial public offering above a marketed range to raise $634.5 million.

The company sold 9.47 million shares for $67 each, according to a press release Thursday. It had marketed the shares for $60 to $65, an exchange filing showed.